From the perspective of Dow Theory, Chan Theory, Elliott Wave Theory, volume-price relationships, order flow, and price action—A brief analysis of BTC’s short-term trend (strategy suggestions)

$BTC ‌#BTC 综合研判
Dow Theory confirms that the primary trend is still declining; the rebound from July 20–21 has been completely negated by the sharp selloff from July 22–24.
Chan Theory shows extremely strong downward笔力度 (-3,246) and very weak new upward笔力度 (+367); the bears fully dominate, and a new declining center is being formed in the 63,500–65,000 range.
Elliott Wave Theory confirms the failure of the new upward wave; the current phase may be the continuation stage of a large-scale 5-wave decline.
The volume-price relationship shows a highly bearish combination of “continued heavy selloff with extremely reduced rebound volume.”
Order flow indicates POC at 64,089; price is in a slight discount state, Delta MA12 is deeply negative, and sellers fully dominate.
Price action indicates a “three crows” bearish pattern, with short-term bearish control complete.

Short-term strategy suggestions:

Bearish scenarios (high probability): If a rebound into the 64,500–65,000 area forms a top分型 accompanied by selloff on increased volume, and confirms that the 65,000 resistance is effective, you can short; targets: 63,500 → 63,000 → 62,000; stop loss: 65,300. Currently, the bears dominate, and shorting on rebounds is the main strategy.

Bullish scenarios (low probability): If price near 63,500–64,000 stabilizes and stops declining on reduced volume, forms a bottom分型, and Delta turns positive, you may try a long; targets: 64,500 → 65,000 → 65,500; stop loss: 63,200. You need to wait for a clear reversal signal.

Current status: 64,037 is in a weak rebound zone after the sharp selloff; short-term bears fully dominate. It is recommended to short the rebound after it is rejected in the 64,500–65,000 area, or wait for a clear reversal signal before considering going long.